Equity
-€4,262
Debts exceed assets in financial year 2025.
Bella Ella
Lifetime
4 annual accounts with figures on one time axispeak €15,360 (2023)
-€24,071▼ €18,649
lowest -€26,247 (2025)
-€26,247▼ €18,162
peak €30,070 (2023)
-€4,262▼ €26,247
€19,985▲ 199%
Board5 names since 2019
1 directorDefraeije Elien
Owners2 names in the annual accounts
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from -€5,422 to -€24,071Loss of €26,247Company renamed from CONNECT YOUR DOTS to Bella Ella 10-01Equity from €21,985 to -€4,262Debts from €6,676 to €19,985Cash from €154 to €1,012
Key points
from the 2025 annual accountsLosses
-€34,332 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€19,985 127% of the balance sheet
Financial debts 0%Suppliers 23%Taxes and wages 23%Other 54%
Liquidity
0.79 was 4.21 in 2024
Short-term debts rose from €6,676 to €19,985.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 1 to 53 days before the end of the period.
Position in the sector
-€26,247
Lower net result than 94% of companies in office administrative support. Sector median €16,210 · 9,687 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 5% of micro companies in office administrative support (NACE 82)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 1.3%▲ +1.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.4%▲ +0.1 percentage points vs 03-2025
05-2025: 3.0%▲ +1.6 percentage points vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025highest value
08-2025: 3.0%● unchanged vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 1.0%▼ -2.0 percentage points vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.2%▲ +0.2 percentage points vs 12-2025
02-2026: 1.1%▼ -0.1 percentage points vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.0%▼ -0.1 percentage points vs 03-2026
05-2026: 1.6%▲ +0.6 percentage points vs 04-2026
06-2026: 2.0%▲ +0.4 percentage points vs 05-2026
07-2026: 1.8%▼ -0.2 percentage points vs 06-2026
08-2026: 1.8%● unchanged vs 07-2026
09-2026: 1.8%● unchanged vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Negative equity -€4,262
Loss of €26,247, the second in a row (financial year 2025)
lowers risk
Size: total assets €15,723
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 5% of them on solvency, 6% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as Bella Ella has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bella Ella itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for Bella Ella. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.79 (4.21 in 2024), below 1. Short-term debt is 127.1% and cash 6.4% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€4,262
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
53 days early
2024
1 day early
2023
40 days early
2022
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 24 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Board and ownership
DE
Defraeije Elien
Director
- Creactiv founderdeed of 31-12-2019
- Sideways founderdeed of 31-12-2019
- Karen Van Heuckelom Coaching en Advies founderdeed of 31-12-2019
Recent changes
Left the Peppol Directory
Company renamed from CONNECT YOUR DOTS to Bella Ella
Registered office moved from Bonheiden to Keerbergen · New registered office: Putsebaan 105A, 3140 Keerbergen · Previous registered office: Dorp 76/21, 2820 Bonheiden · Gazette deed
Registered office moved within Bonheiden
New registered office: Dorp 76/021, 2820 Bonheiden · Previous registered office: Hazelaarlei 3, 2820 Bonheiden · Board meeting of 20-07-2023 · Gazette deed
Registered office moved from Mechelen to Bonheiden
New registered office: Hazelaartei 3, 2820 Bonheiden · Previous registered office: Motstraat 54, 2800 Mechelen · General meeting of 18-07-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bella Ella Keerbergen | €15,723 | -€24,071 | -27.1% | - |
| KR INTERPRETERS Brussels | €15,136 | -€10,311 | -34.6% | - |
| CF-EXPO Events Brasschaat | €16,713 | -€18,553 | -225.8% | - |
| FLASHCARDS Hoogstraten | €13,559 | -€400 | -33.0% | - |
| CONTENT EVENT Bruges | €18,982 | -€1,837 | 40.0% | - |
| POTENTIA BRUSSELS Saint-Josse-ten-Noode | €13,712 | -€2,958 | 69.9% | - |
| Belgische Escaperoomfederatie Geel | €20,442 | -€798 | 90.0% | - |
These companies have the same main activity as Bella Ella: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €13,600 and €20,400, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 27-12-2019Normal situation
- Activity
- Organisation of conventions and trade showsNACE 82300and 2 others
- Establishment unit
- 2.298.058.9692820 Bonheiden, since 02-01-2020
- Financial year end
- 31 December
- Peppol
- Left the register on 30-10-2026
Annual accounts 2025
- €15,723
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on Bella Ella
Bella Ella files the micro format. That format states no turnover. The gross margin fell from €4,632 in 2022 to -€24,071 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Bella Ella
- What is the company number of Bella Ella?
- The company number of Bella Ella is 0740.548.973. The VAT number is the same number with BE in front: BE 0740.548.973.
- Where is Bella Ella based?
- The registered office is at Putsebaan 105A, 3140 Keerbergen.Company details
- What does Bella Ella do?
- According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
- What is the legal form of Bella Ella?
- Bella Ella is a private limited company (BV).
- When was Bella Ella founded?
- Bella Ella was founded on 27-12-2019.
- Is Bella Ella still active?
- Yes, Bella Ella is an active enterprise in the KBO register.
- What is the turnover of Bella Ella?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Bella Ella profitable?
- In financial year 2025, Bella Ella made a loss of €26,247.
- Where can I find the annual accounts of Bella Ella?
- Bella Ella filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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